HDFC Mutual Renames HDFC Floating Rate Income Fund - Short term Plan

HDFC Mutual has announced the change in name of HDFC Floating Rate Income Fund - Short Term Plan to HDFC Floating Rate Income Fund - Short Term Plan - Retail option. All the other details of the fund will remain unchanged. The AMC has also introduced the wholesale option to the above plan. HDFC Floating Rate Income Fund - Short Term Plan - Wholesale option will have the same investment objective and investment strategy.It will offer growth and dividend option. Minimum investment of scheme would be Rs 50000. The fund would not charge any entry or exit load.All the above changes will be made effective from October 23, 2007.